Australia’s No. 1 department store chain Myer Holdings said on Wednesday CEO Richard Umbers would step down after its third profit warning in a year, boosting demands from its biggest shareholder for a board overhaul.

The cat logo sportswear firm has appointed Benoît Menard to marketing and communications director in France. Menard comes to Puma after a five year tenure at Adidas France, where he directed the firm's digital newsroom.

Luxury fashion distributor MadaLuxe has announced its President, Adam Freede, has been appointed as its new CEO. The company is also opening a new showroom in NY and a second location of its off-price boutique in LA.